Why do people like to invest in gold? Investing in gold is like purchasing wealth insurance, but why? Rich Checkan, president of Asset Strategies International, and Doug explore the benefits of owning and investing in gold. Rich explains how gold always keeps its value, what he refers to as wealth insurance. He shares the best ways to store gold and how to sell gold when it is time. He warns listeners to only deal with reputable dealers and advises how to find one. Listen in to learn more about ...
Feb 08, 2018•23 min
There’s more to financial advising than making a client money. How can a financial advisor make the markets more humane? Mihir Desai, professor of finance at Harvard and author of The Wisdom of Finance: Discovering Humanity in the World of Risk and Return wants to demystify financial markets and make them friendlier. He warns the audience that the financial system is broken, and proposes a fix: change how investors and financial advisors view the financial world. He also describes why many peopl...
Jan 11, 2018•23 min
American citizens abroad need to pay taxes both to their host country as well as Uncle Sam. What is being done to minimize the tax burden on these Americans? American Citizens Abroad (ACA) is leading the fight for tax reform. Marylouise Serrato, executive director of American Citizens Abroad, explains their position on international American citizens’ tax rights. Americans living abroad are currently being taxed by both the U.S. and the foreign government where they live. Glen Frost, certified p...
Dec 25, 2017•24 min
Is Bitcoin a virtual currency or a “real” currency? Can a viable currency be independent of a government or bank? Why don’t you see people buying their morning coffee with bitcoin? Brian Patrick Eha, author of How Money Got Free: Bitcoin and the Fight for the Future of Finance , explores the development and phenomenon of digital currencies, including Bitcoin. Brian shares the history of Bitcoin and explains how it works. He also suggests who could benefit from this kind of currency and delves in...
Dec 14, 2017•24 min
Believe it or not, your financial planner’s track record isn’t as important as their financial philosophy. This is because your financial planner’s main job is to help you gain a sense of control over your financial future, not pick the next hot stocks. There are no quick tricks –financial planning is a process that takes time, especially if you just received an inheritance. Marguerita Cheng, CFP® and CEO of Blue Ocean Global Wealth, describes what it takes to be a successful financial planner… ...
Dec 07, 2017•25 min
Cross-border investing means you have money in more than one country. How easily can you access your money and what are the tax implications for investing in different countries? When an American citizen moves to Israel, or any other foreign country, there are many things they need to do keep their money accessible. What should international investors do to make sure their money is accessible even overseas? Tune in to find out! Doug shares the microphone with Monte Silver, a licensed tax lawyer ...
Nov 30, 2017•22 min
Globalization connects the world and creates endless possibilities. But globalization is not a win-win scenario for everyone. How are your personal finances affected by a growing global economy? Professor Angus Deaton, Nobel Prize-winning economist and Professor Emeritus at Princeton University, joins the show to talk about the effects of globalization on the economy. He explains why there is still a clear division between the “haves” and the “have-nots,” and how we can even out the playing fiel...
Nov 27, 2017•29 min
Contracts are an integral part of life. Many of our daily interactions include either a verbal or written contract. What contract is implied when you buy/sell investments? Oliver Hart, Nobel Prize winner and Economics Professor at Harvard University, explains “contract theory.” He defines what a contract is and how people enter into agreements. Listen to their discussion of bond contracts and other investment agreements that require a contract. Why do people frequently sign contracts that they m...
Nov 16, 2017•29 min
Joining Doug today are the panelists from the Money Tree Investing Podcast : Joe Saul-Sehy, Miranda Marquit, and Linda P. Jones. The discussion among four top financial podcasts focuses on the real issues brought up in listener questions. Send your questions , or tell me your biggest financial problem!
Nov 14, 2017•35 min
Should the goal of investing be to beat the market or to meet your personal financial goals? Spencer Jakab, editor of The Wall Street Journal’s column Heard on the Street and author of Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor , describes what happens when investors let media pundits (experts) and trends sway their financial habits. Frequently, individuals actively managing their own investments have lower returns than a completely passive strategy...
Nov 09, 2017•29 min
Most adult children eventually face the problem of having to help aging parents with financial decisions. What is the easiest way to have that discussion when the time comes? Carolyn Rosenblatt and Dr. Mikol Davis of Aging Parents offer non-threatening ways to begin the conversation and how to respond if a parent doesn’t want to talk about the subject. Approaching an aging parent about their intellectual (and fiscal) demise is a delicate matter. Related, is the subject of elder financial abuse. ...
Nov 02, 2017•25 min
If you were born between 1982 and 2004 you can be considered a millennial investor. This is because millennials were born near, or came of age, during the 21st century. Millennial investors are the largest generation in American history, and the most tech orientated. How does their reliance on technology affect their finances? Unfortunately, millennial investors have a reputation for being disinterested in face to face meetings. So, how does a financial planner effectively communicate with them?...
Oct 30, 2017•25 min
What does the perfect investment portfolio look like? Ken French, Professor of Finance at the Tuck School of Business at Dartmouth College, explains how to build a perfect investment portfolio. Since no one is the average investor, figure out how you are different from the average investor, and build your portfolio accordingly. Financial success isn’t built by choosing the right stock, but making investments with your goals in mind. Chasing the latest “hot stock” or basing your financial decisio...
Oct 23, 2017•25 min
To protect your portfolio’s assets and keep investment gains, it is more important to buy at the right price or sell at the right price? Grant Williams, co-founder of the Real Vision Group and author of Things That Make You Go Hmmm… discusses the steps that investors can take to protect their investment portfolio. There is no guaranteed answer, however, there are decisions and precautionary measures that can minimize the possibility of losing money. Grant encourages listeners to watch their stoc...
Oct 19, 2017•24 min
Your portfolio returns can be affected by not only owning the right investment, but by making sure it is in the right type of account. Bob French, the Director of Investment Analytics at McLean Asset Management, gives insights on how investors can optimize their portfolio returns. Different investments grow at different rates, Bob helps investors put the right investment in the right type of account. He also shares the smartest withdraw strategy for retirees needing income (hint: it has to do wi...
Sep 28, 2017•26 min
Retirement is all about cash flow. After all, it’s your income that will determine your lifestyle in retirement, not your net worth . Jason Parker, Retirement Income Certified Professional, explains what the term “cash flow” means and why it is important for retirees to have a source of income. Should your net worth should be your main focus in retirement planning or your cash flow? Jason stresses that retirees needs to know where their money will be coming from and how to smartly manage it for ...
Sep 25, 2017•26 min
Do you ever dream about retiring early? Billy and Akaisha Kadarli share their story of how they managed to retire early, at age 38. Billy, a Wall Street investor, realized he and his wife needed to pull back from work to help their marriage. Billy chronicles the steps he took towards early retirement and explains how he keeps his portfolio healthy. Learn about his market approach as well as his main sources of income. If you want to retire early, here are some good benchmarks to use. Ever wonder...
Sep 18, 2017•27 min
Are you looking for a way to choose better investments? If so, consider “factor investing.” Professor Elroy Dimson of the Cambridge Judge Business School believes factor investing leads to better results. This is because, he says, if you expose your portfolio to a variety of factors (different from just investing in different industries or sectors), these distinctive attributes have a very important impact on how a portfolio performs. When selecting investments, consider factors like: Sensitivit...
Sep 14, 2017•25 min
Is your self-worth dependent on your job, your title or your paycheck? If so, what will happen when you retire and all of those disappear? Nancy K. Schlossberg, author of Too Young to Be Old: Love, Learn, Work, and Play as You Age , focuses on the transition to retirement, by focusing on the importance of having a healthy psychological portfolio for retirement. Nancy discusses the mental preparation new retirees should do in order to find balance in their life. She also encourages open communica...
Sep 11, 2017•25 min
Bob Hoye, chief financial strategist of Institutional Advisors, warns that the bond market bubble is in danger of bursting. He explains what happening in the bond market right now that is causing a bubble, as well as, how investors can avoid the inevitable bubble burst. Bob’s background in the mining industry and investing gives him a keen understanding of the commodities and their relationship with the market. Listen to learn what type of bonds retirees should buy in light of this situation. Sh...
Sep 07, 2017•22 min
Need help understanding what bonds are or how you should choose to invest in bonds? Doug is joined by Zack the Puppet, a CFPP (Certified Financial Planner’s Puppet) to bring some levity to their discussion about bonds. Doug explains what bonds are and how they work. He also clarifies the best uses for a bond. He also has some advice on how to find the right balance of principal and income in your portfolio. If you want more insight into bonds then watch this video . It might help you make better...
Sep 04, 2017•15 min
Millennial investors are stereotyped as having short attention spans and an aversion to investing. Is this an accurate representation? Doug invites Shannah Game, CFP® , a specialist in millennial investors, to discuss the difference between millennials and other investors. Listen to two Certified Financial PlanningTM Professionals debate how retirement and investment goals are different for millennials. Shannah reaches out to this financially conservative generation and offers some tools that ma...
Aug 24, 2017•22 min
Can young people become millionaires? They can if they begin investing early! Listen to Grant Sabatier, “the millennial millionaire,” as he shares why and how he embraced an early investing strategy. Grant took advantage of a bear market and made millions of dollars when the market recovered. He stresses the importance of having both a short-term and long-plan for investing. Doug and Grant discuss his strategies and discipline, and explore the successes and failures of Grant’s investment journey...
Aug 21, 2017•26 min
Stretching is not only for the gym… if you have a “Stretch IRA” you can s-t-r-e-t-c-h out the taxes due on your inherited IRA (Individual Retirement Account). If you pay taxes later, you have more money to invest now! CPA and Estate Planning Attorney Jim Lange discusses with Doug how to best title and organize inherited IRAs so beneficiaries can defer taxes. Jim stresses the importance of setting up inherited IRAs properly in order to maximize the benefits of these accounts. Learn two critical m...
Aug 14, 2017•25 min
We are living in “the age of longevity” where 20-year-olds can expect to live to 100! Does this mean the current retirement system will soon be obsolete? Professor Andrew Scott, an economics professor at the London Business School and author of The 100-Year Life: Living and Working in an Age of Longevity , discusses how retirement planning needs to change to face the challenges of an extended lifespan. Listen what transformations need to take place both in the current attitude and infrastructure...
Jul 31, 2017•25 min
Retirement planner Nahum Daniels, CFP®, discusses with Doug how retirees can maintain a steady cash flow in retirement without receiving a paycheck. Nahum and Doug compare and contrast the benefits of fixed annuities, index funds, passive investing and bonds. Is one investment vehicle better than the others? Are bonds appropriate for retirees? Many retirees have a large percentage of bonds in their retirement portfolio. However, the risk of inflation can lower the real value of your fixed income...
Jul 27, 2017•22 min
Does a stock market trader need to be lucky? Or is there a skill that can be learned to get stock market trading success? Jack Schwager, author of the Market Wizard series, examines the difference between having “luck” in stock market trading and having a well-informed system or algorithm to choose trades. Unfortunately, some investors think intuition is all they need to make great stock choices. Intuition and luck shouldn’t be the basis of trading decisions. How do you know if you just got luck...
Jul 24, 2017•23 min
Can analysts predict the factors that drive investment returns? Does the “dual momentum” approach improve investment returns? Gary Antonacci, winner of the Wagner Award for Advances in Active Investment Management, explains how he combines two strategies in his dual momentum approach. Can relative momentum (buying stocks that perform better than their peers) and time series momentum (buying on positive momentum and selling on negative momentum) actually improve investment performance? How do per...
Jul 17, 2017•22 min
Are you afraid to begin market trading? Aaron Fifield, the host of the financial podcast, Chat with Traders takes the mystery out of market trading is and explains how to get started. Doug and Aaron discuss what sort of attitude best serves a trader. They also debunk misconceptions people have about market trading. Aaron offers advice for newcomers who might be intimidated by bigger traders and confirms that even a small trader has a place in the market. How much money should a trader start inve...
Jul 13, 2017•22 min
Attitude is everything and Jen Sincero, New York Times bestselling author of You Are a Badass at Making Money: Master the Mindset of Wealth , explains how a positive money mindset is critical to financial success. Jen is a firm believer that you create your financial situation based upon how you think about money. She and Doug discuss common delusions people have about money, and provides tips on how to connect with your personal money beliefs, so you can weed out the bad ones. Lots of people ar...
Jul 10, 2017•23 min
